In order to thoroughly implement the decision-making and deployment of the Party Central Committee and The State Council, and implement the requirements of the Overall Plan for the Construction of Hengqin Guangdong-Macao Deep Cooperation Zone and the Plan for Comprehensively Deepening the reform and opening up of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, with the consent of The State Council, in February 2023, The People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange and the People's Government of Guangdong Province jointly issued the Opinions on Financial Support for the Construction of Hengqin Guangdong-Macao Deep Cooperation Zone and the Opinions on Financial Support for the Comprehensive Deepening of Reform and opening up of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.

Promoting the development of the Guangdong-Hong Kong-Macao Greater Bay Area is a major strategic decision made by the Party Central Committee and The State Council, which has a significant and far-reaching impact on the construction of a new pattern of reform and opening up in China. Hengqin in Zhuhai and Qianhai in Shenzhen are major platforms for promoting the cooperation and development of Guangdong, Hong Kong and Macao, and good financial support will help give full play to their experimental and demonstration roles in further deepening reform, expanding opening up and promoting cooperation. The Opinions on Financial Support for the Construction of Hengqin Guangdong-Macao Deep Cooperation Zone and the Opinions on Financial Support for Comprehensively Deepening Reform and opening up of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone respectively put forward 30 financial reform and innovation measures, covering people's livelihood finance, financial market connectivity, development of modern financial industry, facilitation of cross-border trade and investment and financing, and strengthening financial regulatory cooperation. Actively doing a good job in the development and opening up of the Hengqin Guangdong-Macao Deep Cooperation Zone, and promoting the comprehensive deepening of reform and opening up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone will help further promote China's financial opening-up and innovation, deepen financial cooperation between the Mainland and Hong Kong and Macao, and provide solid financial support for Hengqin and Qianhai to build a major cooperation platform in the Guangdong-Hong Kong-Macao Greater Bay Area.

Going forward, the People's Bank of China, together with relevant departments, will continue to strengthen financial support for the construction of the Hengqin Guangdong-Macao Deep Cooperation Zone and the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, continuously optimize the allocation of financial resources in the Guangdong-Hong Kong-Macao Greater Bay Area, improve the efficiency of financial financing, and promote the development of the Greater Bay Area to a new level.